Are your collectors getting better?
If you had a collector that couldn’t bring any cash back into your company coffers, that person would be shown the door, pronto. What about your crack collectors? Are they getting better at collecting...
View ArticleOne chart can drastically drop your DSO
Don’t be surprised if your days sales outstanding figure starts creeping up – many finance execs tell us customers are dragging their feet when paying their bills. Don’t take it lying down. These days,...
View ArticleDo you manually review online orders?
So your company allows customers to order from you online -– smart move. You can streamline processes, increase customer loyalty … and expose yourself to online fraud. Manually reviewing some orders...
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4 telltale signs your next customer won’t pay
Desperate times call for extra vigilance in order to protect your company’s resources. It’s not just employees with entitlement mentalities helping themselves to extra pens and notepads you need to...
View ArticleWhat 2012 Postal Service cuts mean for you
The United States Postal Service has been forced to make some major changes just to stay afloat — and those changes will have an impact on businesses of all sizes. In an effort to cut costs, the USPS...
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Better benchmarking: 16 metrics Finance needs now
Finance deals in numbers all day. But how often are you generating numbers to find out how efficient your finance team is? With all Finance has to get done in a given day sometimes it’s hard to find...
View ArticleAnother use for online discount calculators
Plenty of A/P departments use some type of an online discount calculator to see it’s worth taking suppliers’ prompt-pay discounts. Well, here’s how your Finance department can get even more from that...
View Article2 solid ways to better manage cash flow
In a perfect world, A/R would always be busy receiving payments from your customers and there’d be no lag between making a sale and getting the payment. But, unfortunately, that’s not the case. It’s...
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What the Supreme Court has to say about your Finance department
What do the nine Supreme Court justices have to say about the way your finance department works? Plenty, these days. Two recent opinions from the highest court in the land will impact day-to-day work...
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